Investments/Development Opportunities,Leytonstone,E11 3HW,B1
5900 sq ft ( 548.11 sq m)
Size: 5900Sq ft | Property Type: Investments/Development Opportunities Tenure: Freehold | Area: Leytonstone | Postcode: E11 3HW
Bennett Phillips Luton
199a High Road
Loughton
Essex
IG10 4LF
SUBSTANTIAL CORNER PROPERTY / PLOT
5900sq.ft (548m2)
Two Storey Office / Showroom / Storage Premises with Development Potential
FOR SALE
396-398 HIGH ROAD LEYTONSTONE
& HOWARD HOUSE, HOWARD ROAD LEYTONSTONE E11 3HW
SUITABLE FOR REDEVELOPMENT (SUBJECT TO PLANNING)
ADJACENT TO SUBSTANCIAL FUTURE DEVELOPMENT SITE
FREEHOLD
INCOME PRODUCING
396/8 High Road, Leytonstone Comprising a two-storey brick-built corner property located at the junction with Howard Road providing retail space on the ground floor & self-contained 1st floor offices. Access to both floors is from Howard Road. Mains services are connected & both floors have separate WC facilities. The total net internal floor area is circa 4,818sqft. Howard House Comprising a self-contained two-storey office building with mains services & WC facilities. The property has an internal floor area of circa 1082sq.ft Tenure. Freehold, subject to the occupational tenancies and income derived. Ground Floor, 396-398 High Road Tenancy: New lease from 4/26 Rent: £30,000.00 Term: 3-years Break: Mutual break clause after two years Rent Review: None First Floor, 396-398 High Road Tenancy: New Lease from 4/26 Rent: £18,000.00 on completion of the lease on 12.03.2026 Term: 3-years from 12.03.2026 Break: Mutual break after two years Rent Review: RPI - 1st & 2nd anniversary Howard House Tenancy: Periodic Tenancy Rent: £16,500.00 Term: Periodic Break: Not Applicable Rent Review: Not Applicable Total Existing Income: £64,500 per annum
SUITABLE FOR REDEVELOPMENT (SUBJECT TO PLANNING) ADJACENT TO SUBSTANCIAL FUTURE DEVELOPMENT SITE FREEHOLD INCOME PRODUCING
Freehold
Price. Offers are to be invited in the region of £1,750,000 (One Million, Seven Hundred and Fifty Thousand Pounds).
Each party are to be responsible for their own legal costs borne in this transaction.
Strictly by prior appointment through sole agents Bennett Phillips Luton - 020 8501 3000 contact: Simon Phillips at simon.phillips@bennettphillips.com
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